The Disastrous Effect of US Trade Policy on the US Middle Class

I agree with David Sacks here. To see the disastrous effects of US trade policy on the US middle class, take a road trip through America's many decimated town and small cities.

BTW, a lot of the people who worked these middle class jobs were men. How are men doing in education and the job market now that many of these jobs no longer exist? Steve Stewart-Williams tells us in his article, "The Other Half: Six gender gaps we rarely talk about" Here are his conclusions:

  • Young Women Now Often Out-Earn Young Men
  • Boys Are Falling Behind at School
  • Fewer Men Are Finishing College
  • More Men Die on the Job
  • Men’s Health Gets Less Funding
  • Men Are More Likely to Take Their Own Lives

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Treasury Secretary Scott Bessent Discusses Trump’s Tariffs and the U.S. Economy

There's a big difference between longer form interviews and the 20 second hit jobs you see on legacy media. In this interview, Treasury Secretary Scott Bessent discusses Trump's tariff plan. He makes two main points. This is an effort to bring back the middle class. Second, his main concern is that the US no longer manufactures physical things and this constitutes a major security risk. I agree with both of these points. I don't claim to know all of the risks and benefits of jacking up tariffs, but I do know that the countries who are most complaining are the ones who have been nailing the US with tariffs for years. Bessent also discusses the effect of tariffs on the US stock market, making the argument that the market is lagging in reaction to far more than the tariffs. Further, in recent times, the fact that the market has generally been rising has not reflected the true state of the US economy, especially on Main Street. I also agree with Batya Ungar-Sargon, who has made a strong case that the biggest divide today in the US is between the long-suffering middle class and the wealthier elites, who have become the main concern of Democrats.

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About Focusing on One’s Priorities

"Beware the barrenness of a busy life." Socrates

As a gift to myself this year, I've been doubling-down on my need to spent my waning hours my intentionally. Waning? I'm 68, so I've already lived most of my life. That said, I'm in good physical shape and I'm passionate about my work as a civil rights attorney (especially First Amendment). Every day I treasure opportunities to engage with friends and family, especially the love of my life, Beverly, who I met one year ago today. I am a serious musician and an exhibiting artist. I'm lucky in more ways than I can count.

But numbers don't lie. Last year I made an intrepid assumption that I'll live about 20 more years. Simple math reveals that this is only 240 more months. Last month went quickly. In fact, the better I am at living a mindful, principled and socially engaged life, the more quickly the months flash by. My endgame: If I'm really fortunate, I'll be able to look back at my 20 year Plan and consider that it was a life well-lived, which will make it much easier to deal with my inevitable decay and death. But how do I keep on track, giving my cravings to attend to more things than I can possibly absorb?

This year I committed to unsubscribing from emails lists that seemed like good ideas at the time. There are also many commercial emails that keep popping in, unsolicited. In the past few weeks, I have unsubscribed from about 200 email lists, which makes my inbox much more inviting. Now, most of my inbox consists of emails that I will either read or at least scan. This has also addressed my concern that I might overlook important emails because they are hidden among low (or no) priority emails. I recommend this to everyone. If an email list seems interesting, but not interesting enough to subscribe to, I follow the organization or person on X (Twitter), which circumvents my inbox.

I also decided to commit (for the umpteenth time) to do a better job of making and adhering to a daily to-do list that I create either that morning or the night before. I use a combination of paper and pen at my desk and the Reminders app on my iPhone. This simple tactic works extremely well.

I also make better use of my iPhone DND feature when trying to focus, sometimes for hours. This is heaven. How did we ever get to this point where so many people assume that you will immediately respond to texts and phone calls?

These three simple things have made a noticeable difference to help me spend quality time on the things that I have personally identified as my priorities. The alternative is the lose time chasing squirrels all day, which is admittedly sometimes valuable for generating unexpected but important insights, ideas and projects, but this daydreaming and brainstorming time needs to be consciously kept in check or else it destroys one's ability to deeply concentrate one's own priorities.

Today I received a mass emailing from Cal Newport announcing a new online course called Life of Focus. I won't be signing up, but I do appreciate his three goals for his course, which closely align with my own resolutions:

Month 1: Establishing deep work hours. You'll restructure your work life to feature less distraction and more depth.

Month 2: Conducting a digital declutter. You'll implement a digital declutter to help you break screen additions and cultivate a more deliberate relationship with the digital tools in your personal life.

Month 3: Taking on a deep project. In the final month, we’ll reinvest the time we’ve created at work and at home in a project that engages your mind and your soul in something meaningful.

v Along these same lines I recommend Newport's book: "Deep Work: Rules for Focused Success in a Distracted World.

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Thomas Sowell Quotes

Excellent collection of quotes by economist Thomas Sowell:

Here are a few of my favorites:

"Intellect is not wisdom”

“When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.”

"The truth is often not complicated. What gets complex is evading the truth.”

"The problem is that Johnny doesn't know what thinking is. He confuses it with feeling”

“The great escape of our times is escape from personal responsibility for the consequences of one’s own behavior.”

“When people get used to preferential treatment, equal treatment seems like discrimination.”

"There's now a world in which the success of others is a grievance, rather than an example"

“Since this is an era of 'fairness' & 'social justice... what is your 'fair share' of what someone else has worked for?”

"One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again.” 

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RFK, Jr. Comments on Davos

GLENN BECK: “Where do you stand on the WEF, the World Economic Forum?”

ROBERT KENNEDY JR: “It is like we shouldn’t be paying any attention. It’s a billionaire’s boys club that’s arranging the world to shift wealth upward and to clamp down totalitarian controls on everybody else. And now, they got the capacity to do it. They got all these countries running around doing what they tell them to do. It’s astonishing to me that these people go to Davos in their private jets, and they’re able to tell these world leaders how to govern us in ways that eradicate our constitutional and civil rights and constantly shifting wealth upward.”

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